Report: Manchester City monitoring Carlo Ancelotti's situation at Real Madrid

Manchester City are reportedly monitoring Carlo Ancelotti's situation at Real Madrid after recent rumours suggesting the Italian could be sacked following El Clasico.

Manchester City are reported to be closely monitoring the situation of Real Madrid manager Carlo Ancelotti after recent rumours suggested he could be sacked if the team continues their poor form against Barcelona in El Clasico in less than two weeks.

Ancelotti bore much of the criticism for last Tuesday evening's Champions League loss to Schalke 04 but the Italian took it in stride, conceding that the team did play poorly and deserved to lose.

However, reports suggested that Real Madrid president Florentino Perez was livid following the team's drop in form and had threatened to sack Ancelotti should the team put on another poor showing against their arch-rivals Barcelona at the Camp Nou.

While Perez has adamantly denied the reports, per Marca, The Manchester Evening News is reporting that Manchester City's top brass has been keeping a close eye on Ancelotti's situation in the Spanish capital and feel that the Italian's style would fit their current squad.

Manchester City allegedly believe that Ancelotti could be the man to lead them to European success, something that has not come with current manager Manuel Pellegrini, as they are just a game away from Champions League elimination.

Ancelotti has won three Champions League titles, with his third coming last season with Real Madrid, leading Los Blancos to their long-awaited 10th European title.

Atletico Madrid manager Diego Simeone has also been linked with Manchester City, as reported by the Mirror, but the powers that be at the Etihad are said to feel that his aggressive style is not the right fit for the club and it's owners.

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